TU - TELUS International: Don't Forget The Cash Flow And TELUS Corp Involvement
2024-06-06 08:00:00 ET
Summary
- TELUS International (Cda) Inc. stock has plummeted since its 2021 spinoff, but investors may be overlooking potential catalysts.
- TELUS International's large anchor customer, Telus Corp., provides stability, and is also the company's majority shareholder.
- Investors may be overlooking the compelling TELUS International cash flow picture, as EPS is burdened by D&A expenses.
TELUS International (Cda) Inc. ( TIXT , TIXT:CA ) is either known for being the spun-off little sibling of major Canadian telecom TELUS Corporation ( TU , T:CA ), or not really known at all. The 2021 spinoff was apparently the largest technology sector IPO in TSX (~Toronto Stock Exchange) history. Shares also roared higher on their trading debut and reached a high price of nearly USD $40 in late 2021....
TELUS International: Don't Forget The Cash Flow And TELUS Corp Involvement